Markets

High bad loans provision lowers Zenith Bank’s profit by 8.44% to N244.56bn

As inflation accelerated and the economy of the country struggled, Zenith Bank had to make more provisions for bad loans…

3 years ago

Shareholders accuse Aso Savings of  stripping Union Homes’ assets

The Independent Shareholders Association of Nigeria (ISAN) has accused Aso Savings & Loans Plc of stripping assets of Union Homes…

3 years ago

Dangote Sugar suffers N1.3 billion forex loss – Report

Dangote Sugar Refinery Plc, Nigeria’s biggest sweetener producer, said actual foreign exchange losses in 2022 were higher than those reported…

3 years ago

Nigerian equity market down by 1.5% in election week

The Nigerian equity market dipped by 1.5 per cent this week as Nigerians head to the polls to elect governorship…

3 years ago

Nigeria’s inflation rate accelerates to 21.91% in February

Nigeria’s consumer price index (CPI), which measures inflation or the rate of change in prices of goods and services, increased…

3 years ago

Losses in GTCO, Lafarge stocks drag indices further by N35bn

The bears sustained dominance on the equities sector of the Nigerian Exchange Limited (NGX) yesterday, following losses suffered by many…

3 years ago

Transcorp Hotels Announces 172% increase in PBT, Proposes N1.33bn Dividend

Transcorp Hotels Plc has reported profit before tax (PBT) of N4.5 billion in its financial results for full year 2022,…

3 years ago

Coca-Cola Boosts Digital Operations in New Deal

Multinational beverage company, Coca-Cola has inked a deal with OpenAI’s Dall-E and ChatGPT to leverage its artificial intelligence platform to…

3 years ago

Airtel Africa Restates Commitment to Digital Education for African Children

Airtel Africa, a leading provider of telecommunications and mobile money services with a presence in 14 countries across Africa, has…

3 years ago

Youth group urges banks to improve electronic banking services

The National Youth Council of Nigeria (NYCN), Nasarawa State chapter, has called on commercial banks to improve their electronic banking…

3 years ago

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